The U.S. budget deficit increased 23 percent to $1.7 trillion, an increase of $320 billion, in the year after the Biden administration pushed through the Inflation Reduction Act which it claimed would close the government’s funding gap.
In light of mounting global tensions, a bipartisan panel established by Congress has advised that the U.S. should gear up for potential concurrent wars with both China and Russia.
The financial aid goes toward Ukraine's government services, including payment of salaries, backing small businesses, supporting farmers, and offering other forms of economic sustenance.
Last week we witnessed a dramatic, historical first: A Speaker of the US House of Representatives was removed from that position by a vote from Members of that body. US Rep. Matt Gaetz was able to gather enough Republicans dissatisfied with the leadership of then-Speaker Kevin McCarthy to send him packing.
Defense Minister Sergey Shoigu stated on Tuesday that the Russian military is sufficiently staffed for its operation in Ukraine, mainly because of the vast influx of volunteers.